This is the simplest analysis I could do for this pair. There might be a corrective move up of 3 waves soon.
Wave 2 is a zigzag correction which means wave 4 will likely be a flat. (alternation principle)
I won't trade this because I prefer NZDJPY.
Wave 2 is a zigzag correction which means wave 4 will likely be a flat. (alternation principle)
I won't trade this because I prefer NZDJPY.
